2-bedroom flat · SE16 6RN
To rentReduced £100 (−3.8%) on 21 OctListed 43 days · slow let
Opportunity summary
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About
Water Garden Square is a contemporary gated development in the heart of Canada Water.
Arranged around landscaped communal gardens and reflecting pools, the scheme offers concierge, intercom, secure bicycle storage and well-kept internal courtyards, creating a calm, residential enclave just moments from the station.
The wider Canada Water area is undergoing a major transformation, with the Canada Water Masterplan bringing thousands of new homes, a new town square, park, and an expanded mix of shops, restaurants, workspace and cultural venues, all on the doorstep.
Set on a high floor, this furnished two bedroom apartment is flooded with natural light thanks to floor-to-ceiling windows and a private balcony off the main living space.
You enter into a welcoming hallway with space for coats and shoes, leading through to a generous open-plan reception that comfortably zones for living and dining.
The balcony provides an ideal spot for morning coffee or an evening drink, with an elevated outlook over the development.
The sleek, open-plan kitchen is finished with granite work surfaces, fully integrated appliances and wooden flooring that runs through the main living space, giving a clean, contemporary feel that’s easy to maintain.
Both bedrooms are good-sized doubles, making the flat suitable for sharers or those wanting a dedicated home office or guest room.
There are two modern bathrooms, including an en-suite to the principal bedroom, plus built-in storage to help keep the apartment clutter free.
Transport connections from Water Garden Square are excellent.
Canada Water station (Jubilee Line and London Overground, Zone 2) is around 200 metres away, giving a direct hop to Canary Wharf in one stop and fast links to London Bridge, Waterloo and the West End, as well as Shoreditch, Highbury & Islington and Clapham Junction via the Overground.
Local bus routes and cycle lanes connect easily towards London Bridge, Tower Bridge and Greenwich, while nearby riverboat services from Greenland Dock and Canary Wharf offer a scenic alternative commute along the Thames.
The immediate area around Water Garden Square offers a great balance of everyday convenience and leisure.
Surrey Quays Shopping Centre and the adjoining Tesco Extra provide a wide choice of high-street shops, a cinema, cafés and restaurants, with more independent options and neighbourhood amenities appearing as the new town centre takes shape.
Residents are spoiled for green space, with Southwark Park, Russia Dock Woodland, Stave Hill Ecological Park and the docks all close by, as well as the brand-new Canada Water Leisure Centre with its pools, gym and sports facilities.
Together, they make this part of SE16 a lively yet relaxed waterside neighbourhood that continues to improve year on year.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
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